Jabal Omar to auction 23 residential units in Makkah

10/02/2015 Argaam

 

Jabal Omar Development Co. is planning to sell a number of residential units at its Makkah S1 realestate project in a public auction, as approved by its shareholders.


Interested bidders can buy proposal requests starting Sunday for SAR 5,000 per request, the Saudi Arabia-based developer said in a bourse statement.


The two-day public auction will take place at the property location on March 4.

Financial impact of the sale and the use of proceeds will be duly announced.

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